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In a statement to mark the third anniversary of AUKUS, the leaders of Australia, the United Kingdom, and the United States, reaffirmed their commitment to this historic partnership and acknowledged progress to date.
The governments of Australia, Canada, New Zealand, the United Kingdom and the United States met as the “Export Enforcement Five” (E5) in their second annual conference in Washington, D.C.
The group's statement noted their efforts to prevent the diversion of sensitive technologies and materials that support Russia’s full-scale invasion of Ukraine.
The Treasury Department has designated a network of five entities and one individual – based in Russia and in the Russia-occupied Georgian region of South Ossetia – that have enabled and supported ongoing efforts to establish illicit payment mechanisms between Russia and North Korea.
Among the China Week Legislation, the House of Representatives passed a bill amending the Export Control Reform Act of 2018 (ECRA) to include trade secret protections. If enacted, this would expand regulatory authority over information not currently covered by U.S. export control laws.
As a result, U.S. companies may need government approval before disclosing trade secrets, even in non-traditional export transactions, and may face stricter requirements for safeguarding such information.
A national security decision regarding Nippon Steel's proposed acquisition of U.S. Steel may be delayed until after the November election, following the companies' resubmission of the deal for review.
The Committee on Foreign Investment in the United States (CFIUS) has allowed the companies to refile their application for a national security review of the $14.1 billion transaction, sources told The Wall Street Journal..
The USTR announced enforcement action under the United States-Peru Trade Promotion Agreement (PTPA) Forest Sector Annex.
USTR requested the Government of Peru to verify that five timber shipments exported to the United States from Peru complied with applicable Peruvian laws and regulations.
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